Tax

Our Tax team consists of lawyers who focus on Income Tax, including Corporate Tax, International Taxation, Service Tax, Central Excise, Customs, Central Sales Tax, VAT and GST.

At DSK Legal, we understand the complexities of Indian tax law and the need for every business to have an efficient tax management system to ensure commercial success.

We understand that mergers and acquisitions, investments and project finance all have a tax component and associated risks that need to be addressed in a transaction and the tax team provides their assistance in relation to the same, where necessary. We understand local tax laws as well the international tax regime in relation to both direct and indirect tax as well as with regard to their businesses at home and in foreign jurisdictions. Our relationship with foreign law firms helps us incorporate an international perspective for clients that operate in a global economy. We work closely with our clients to understand their businesses in India and overseas, so that we are able to build an efficient tax management model that is not just compliant at home and abroad, but also furthers their business interests.

Our Tax services include:

  • Direct Tax Advisory:
    • Advice on tax efficient strategies for inbound and outbound investment with respect to entry and exit of investors.
    • Advice on tax efficient options to repatriate money out of India.
    • Advice on and mitigation of tax costs for foreign companies doing business with India or having a presence in India.
    • Advice on withholding tax implications on residents and non-residents.
    • Advice on a tax efficient system of restructuring businesses via amalgamations, de-mergers, reverse-mergers, slump sale etc.
    • Advice on mitigation of tax exposure for investment funds including Alternate Investments Fund (AIF), REITs, INVITs etc.
    • Advice on taxation of ESOP structures set up directly or through trusts, including advice on tax implications in the hands of the company, trust and employees.
    • Tax planning for real estate projects, including joint development agreements, township projects etc.
    • Mitigating tax costs in estate planning by deploying sophisticated structures.
  • Regulatory and Compliance Support:
    • Conducting studies to ensure compliance with prevalent tax provisions.
    • Representation before the revenue authorities.
    • Assistance in appeal proceedings before appellate authorities.
    • Representation before the Settlement Commission.
    • Tax litigation support.
  • Indirect Tax Advisory:
    • Synergising tax planning and management by optimally converging all aspects of indirect taxation.
    • Structuring and review of contracts/transactions to optimize indirect tax incidence.
    • Designing indirect tax-efficient business models for tax free locations and tax incentives available under foreign trade policy.
    • Advice on classification, valuation, applicability of taxes on transactions and admissibility to tax benefits/exemptions.
    • Opinions on indirect tax.
    • Assistance in obtaining advance ruling for uncertain issues at pre-entry stage.
  • Litigation and representation: Direct and indirect tax:
    • Representation before the Revenue authorities.
    • Representation in appeal proceedings before Appellate authorities including Income Tax Appellate Tribunals (ITAT), Customs, Excise and Service Tax Appellate Tribunal (CESTAT), High Courts and Supreme Court.
    • Representation before High Courts under writ jurisdiction.
    • Application and representation before the Authority for Advance Rulings (AAR).
    • Representation before Settlement Commission and Dispute Resolution Panel (DRP).

DSK Legal also provides legal advice on issues relating to Corporate & Commercial, Employment, IT & Intellectual Property, Infrastructure & Project Finance, Litigation & Arbitration, Media & Entertainment, Real Estate, Shipping, Tax and Transaction Support.